It's true. Half of what I had hoped for has happened and it's fun to recognize and appreciate that. I remember thinking silver was getting too pricey when it got to about $17/oz and decided to diversify into other things.
The other half I'm hoping for hasn't happened yet, which is to sell my bullion when I need the money (don't want to die rich) and to do so simply, anonymously and tax-free, and in a world where I can enjoy the profits.
But it's that last part I'm not so sure about: an enjoyable world of "$500 silver and $25,000 gold". Talk about wealth disparity. The vast majority won't own a single ounce, and will have probably long spent all their dollars. At the very least it will be fascinating to see how things play out.
Ironically, President Trump has been great for early gold and silver investors, even though I don't think that was his intention, in fact just the opposite. Making America great again implies a strong dollar and a deep, resilient, transparent, and reliable financial system.
But the reason gold and silver have risen so much in fiat currency terms is because the current monetary and financial systems in the world have "grown" beyond the point of no return, and their demise is inevitable and possibly even - finally - imminent.
But that's not obvious yet, at least to most, and even to some who are educated in that regard Trump has appeared to have postponed things and possibly even reversed them, at least temporarily. Because of the systems' complexity, problems can be temporarily masked in various ways and explanations for the various obscure financial incidents (repo market lockups, bank failures, bond interest rate flare ups, etc.) interpreted as plausible deniability.
But the 'die has been cast', 'the Rhubican crossed', and no policy changes at this point - at least any that would be at all politically acceptable - can reverse the now inevitable.
The constant barrage of pro economic growth messaging is postponing most peoples' realization of the breakdown, providing false hope. Gold's and silver's price rises are still considered anomalies and subject to the inevitable reversions to the mean they've always suffered for the last hundred years or so. What is not yet realized is that hyper inflation is the precursor to currency collapse, and the rapid rise of gold and silver prices are beginning to exhibit hyper inflation in its purest form. Prices of other goods and services will inevitable follow as their masks fall away.
Inflation and collapse are not Trump's fault, but his agendas and the political messaging out of his administration is masking what's brewing within the global financial system, or mitigating it's seriousness, and effectively discouraging most people from protecting their financial wealth.
My husband and I bought a "bag" of $1000 face of 90% junk silver back in the day for $4800. I felt nervous keeping that much silver in the house until we could take it to a safe deposit box. Now a tiny little bag of $100 face is quoted at $6738. I just can't bring myself to buy it.
I inherited some money from my mom not quite two years ago that I haven't fully invested. I guess I need to throw it into silver and gold miners - and soon.
Well, I wish I had bought more but am glad and blessed to have bought what I did. Thanks so much John for your encouragement and guidance over the years.
Honda Motor Corp (HMC) has a new All Solid State Battery (ASSB) that will revolutionize EV transportation and other uses for ASSBs.. What the article does not mention is this. The new batteries will REQUIRE ONE KILOGRAM OF SILVER, about 35 oz. It's in production on a limited basis already. 600+ mile range, recharge in 15 minutes. We will look back on $100 silver as cheap, cheap, cheap!!
Wow! My sister had the bright idea years ago to move into (South) Seattle from the peninsula. She had a cheap Honda that was stolen more than once for the free ride and the tires/wheels. They later broke into her house because she had switched to a keypad at the front door. They thought the $60 lock meant she had something of value! I can't imagine if those same thieves got the idea that there might be 35 oz. of silver in her car. So glad she moved to Sequim, but I'm never moving back to that state.
Wow. I can imagine those vehicles will be broken into just for the battery's silver content. That's not going to be viable for that reason alone. They can't effectively put a serial number on a battery when it can be melted down.
Of course, if a battery with one kilo of silver content would have been viable, there will be other uses for the stuff.
Still would like to see it over $100 spot, although I get what you mean. It's not unusual for most dealers to sell at a 10% premium over spot so when a silver was $25 you probably paid $27.50 for an ounce silver round and even more yet for an Eagle. When spot is $95 on the artificial Comex this naturally puts the price of silver ounces from most dealers over $100. For instance today at the following dealers:
Money Metals Rounds $103 Eagles $107 - $110
Apmex Rounds $103 Eagles $107 - $110
SD Bullion Rounds $102 Eagles $106 - $107
Miles Franklin Rounds $102 Eagles $108 -$109
Of course you can get ripped off by the U.S. Mint at the moment with their sky high prices on Eagles. $169 -$173 as of today.
Someone stated the retail spreads are outrageous, but percentage wise it's basically the same as usual, and I've always considered that as the price when buying. The U.S. Mint is definitely charging an outrageous spread.
When spot jumps $10 in a week, like it seems to be doing lately, the dealer almost has to have that kind of markup or they would be selling to you at a loss.
May be but an ounce of silver of is an ounce of silver. If you're buying as a collectible, well, I guess go for it.
In the long run, I think it would be more beneficial and economical not to be concerned by the proof designation but rather the amount that you may have for everyday transactions, if it would come to that scenario.
And primary silver miner margins are growing ever more spectacular!
Holding physical has its benefits but don't forget gains are taxed at collectible rates and retail broker spreads seem rather outrageous, at least at present.
You may want to check the source of that information. Capital gains on all bullion products and numismatic coins are taxed at the collectible rate, up to 28% on long term gains. There are no exceptions that I'm aware of. But if I'm wrong please provide a link to a valid source.
We sold a house, high, in 2024, we took all the proceeds in March 2024 and dumped them into silver (mostly a half half mix of monster boxes of Silver Eagles and Maple Leaves). Ever since then we've bought a few mining stocks here and there, and roles of 90% dimes, quarters, and half dollars all the way until now. We're on just my income as a Senior DevOps Engineer, we're renting (will continue until housing prices drop dramatically and our silver goes up more), I'm 43 years old. We have now more than tripled our initial investment! I will convert some silver to gold once the GSR hits 30 or below, but even that I'm unsure of since silver has all the fundamentals from being suppressed for so many decades, it will outperform gold for years to come. But I want to be practical, and my wife and young kids want our own homestead/house/shop, and I want to free my income to start working on my CNC side gig too. So needless to say, it's been awesome, and we always appreciate your insights and sharing info you found!
Devin. Congrats! Most didn't even see it. As Rick Rule says often "people thought i was crazy buying silver at $18. And those same people will thing Im crazy when i am selling at $500 :-)
Well done, stackers! Cheers!
Hi John - this guy No 1 seems to know his stuff on silver https://no01.substack.com/
It's true. Half of what I had hoped for has happened and it's fun to recognize and appreciate that. I remember thinking silver was getting too pricey when it got to about $17/oz and decided to diversify into other things.
The other half I'm hoping for hasn't happened yet, which is to sell my bullion when I need the money (don't want to die rich) and to do so simply, anonymously and tax-free, and in a world where I can enjoy the profits.
But it's that last part I'm not so sure about: an enjoyable world of "$500 silver and $25,000 gold". Talk about wealth disparity. The vast majority won't own a single ounce, and will have probably long spent all their dollars. At the very least it will be fascinating to see how things play out.
Ironically, President Trump has been great for early gold and silver investors, even though I don't think that was his intention, in fact just the opposite. Making America great again implies a strong dollar and a deep, resilient, transparent, and reliable financial system.
But the reason gold and silver have risen so much in fiat currency terms is because the current monetary and financial systems in the world have "grown" beyond the point of no return, and their demise is inevitable and possibly even - finally - imminent.
But that's not obvious yet, at least to most, and even to some who are educated in that regard Trump has appeared to have postponed things and possibly even reversed them, at least temporarily. Because of the systems' complexity, problems can be temporarily masked in various ways and explanations for the various obscure financial incidents (repo market lockups, bank failures, bond interest rate flare ups, etc.) interpreted as plausible deniability.
But the 'die has been cast', 'the Rhubican crossed', and no policy changes at this point - at least any that would be at all politically acceptable - can reverse the now inevitable.
The constant barrage of pro economic growth messaging is postponing most peoples' realization of the breakdown, providing false hope. Gold's and silver's price rises are still considered anomalies and subject to the inevitable reversions to the mean they've always suffered for the last hundred years or so. What is not yet realized is that hyper inflation is the precursor to currency collapse, and the rapid rise of gold and silver prices are beginning to exhibit hyper inflation in its purest form. Prices of other goods and services will inevitable follow as their masks fall away.
Inflation and collapse are not Trump's fault, but his agendas and the political messaging out of his administration is masking what's brewing within the global financial system, or mitigating it's seriousness, and effectively discouraging most people from protecting their financial wealth.
Silver miners have yet to reflect current values.
Case in point:
Vizsla Silver
Feasibility Study completed in 2025.
Submitted mine permits in late 2025. Scenario based on current silver price and operating mine.
@$95 silver
Year 1-5 production 20,000,000 oz silver eq per annum
$1.9 billion revenue
AISC $10.61 per oz
Cost $212,200,000
Net profit $1.68 billion per year
My husband and I bought a "bag" of $1000 face of 90% junk silver back in the day for $4800. I felt nervous keeping that much silver in the house until we could take it to a safe deposit box. Now a tiny little bag of $100 face is quoted at $6738. I just can't bring myself to buy it.
I inherited some money from my mom not quite two years ago that I haven't fully invested. I guess I need to throw it into silver and gold miners - and soon.
Suggest you don’t use a safe deposit box to store your silver.
If your bank goes belly up they will probably take it with them.
Buy a safe for the house or bury or hide the coins somewhere…any place
but the bank. John has at least 1 post where he discusses creative
places to hide your PM’s.
Well, I wish I had bought more but am glad and blessed to have bought what I did. Thanks so much John for your encouragement and guidance over the years.
Believe it will be 200+ by year end, with gold about 8000
Honda Motor Corp (HMC) has a new All Solid State Battery (ASSB) that will revolutionize EV transportation and other uses for ASSBs.. What the article does not mention is this. The new batteries will REQUIRE ONE KILOGRAM OF SILVER, about 35 oz. It's in production on a limited basis already. 600+ mile range, recharge in 15 minutes. We will look back on $100 silver as cheap, cheap, cheap!!
https://global.honda/en/tech/All-solid-state_battery_technology/
Wow! My sister had the bright idea years ago to move into (South) Seattle from the peninsula. She had a cheap Honda that was stolen more than once for the free ride and the tires/wheels. They later broke into her house because she had switched to a keypad at the front door. They thought the $60 lock meant she had something of value! I can't imagine if those same thieves got the idea that there might be 35 oz. of silver in her car. So glad she moved to Sequim, but I'm never moving back to that state.
Wow. I can imagine those vehicles will be broken into just for the battery's silver content. That's not going to be viable for that reason alone. They can't effectively put a serial number on a battery when it can be melted down.
Of course, if a battery with one kilo of silver content would have been viable, there will be other uses for the stuff.
Still would like to see it over $100 spot, although I get what you mean. It's not unusual for most dealers to sell at a 10% premium over spot so when a silver was $25 you probably paid $27.50 for an ounce silver round and even more yet for an Eagle. When spot is $95 on the artificial Comex this naturally puts the price of silver ounces from most dealers over $100. For instance today at the following dealers:
Money Metals Rounds $103 Eagles $107 - $110
Apmex Rounds $103 Eagles $107 - $110
SD Bullion Rounds $102 Eagles $106 - $107
Miles Franklin Rounds $102 Eagles $108 -$109
Of course you can get ripped off by the U.S. Mint at the moment with their sky high prices on Eagles. $169 -$173 as of today.
Someone stated the retail spreads are outrageous, but percentage wise it's basically the same as usual, and I've always considered that as the price when buying. The U.S. Mint is definitely charging an outrageous spread.
When spot jumps $10 in a week, like it seems to be doing lately, the dealer almost has to have that kind of markup or they would be selling to you at a loss.
Those are PROOF coins. Different animal :-)
May be but an ounce of silver of is an ounce of silver. If you're buying as a collectible, well, I guess go for it.
In the long run, I think it would be more beneficial and economical not to be concerned by the proof designation but rather the amount that you may have for everyday transactions, if it would come to that scenario.
And primary silver miner margins are growing ever more spectacular!
Holding physical has its benefits but don't forget gains are taxed at collectible rates and retail broker spreads seem rather outrageous, at least at present.
Eagles are tax free…as are buffalos…..why do you not know this?
You may want to check the source of that information. Capital gains on all bullion products and numismatic coins are taxed at the collectible rate, up to 28% on long term gains. There are no exceptions that I'm aware of. But if I'm wrong please provide a link to a valid source.
Keep calm and carry on.
For speculators there's always AGQ.
I always worry about FOMO...but holy silver Batman. The stacker in me can't resist.
We sold a house, high, in 2024, we took all the proceeds in March 2024 and dumped them into silver (mostly a half half mix of monster boxes of Silver Eagles and Maple Leaves). Ever since then we've bought a few mining stocks here and there, and roles of 90% dimes, quarters, and half dollars all the way until now. We're on just my income as a Senior DevOps Engineer, we're renting (will continue until housing prices drop dramatically and our silver goes up more), I'm 43 years old. We have now more than tripled our initial investment! I will convert some silver to gold once the GSR hits 30 or below, but even that I'm unsure of since silver has all the fundamentals from being suppressed for so many decades, it will outperform gold for years to come. But I want to be practical, and my wife and young kids want our own homestead/house/shop, and I want to free my income to start working on my CNC side gig too. So needless to say, it's been awesome, and we always appreciate your insights and sharing info you found!
Devin. Congrats! Most didn't even see it. As Rick Rule says often "people thought i was crazy buying silver at $18. And those same people will thing Im crazy when i am selling at $500 :-)